UK-based offshore vessel owner North Star has secured its first contract for a commissioning service operation vessel (CSOV) from EnBW, which will be deployed at 960 MW He Dreiht offshore wind farm in Germany.This award for the newbuild Grampian Kestrel CSOV of VARD 4 22 design…
Ignitis Group has set out plans to participate in the second offshore wind tender for the rights to develop around 700 MW of offshore wind capacity in the Baltic Sea, while also launching a selection process for the partner in potential developments…
Malaysia's Prime Minister Anwar Ibrahim on Tuesday reiterated that state energy firm Petronas will continue to conduct oil and gas exploration activities in Malaysia's exclusive economic zone (EEZ) in the South China Sea, despite objections from China…
An offshore support vessel (OSV) has successfully operated on green hydrogen in the German Wadden Sea.Aiming to minimize its environmental impact, operator Acta Marine, based in the Netherlands, decided to install eCap Marine’s containerized…
North Sea Ekofisk and Forties crude differentials lost ground in the week's opening session on keen selling interest in the Platts window.PLATTS WINDOW* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance, and freight (CIF) or delivered at place (DAP)…
The industry’s first comprehensive rules for floating nuclear power plants have been unveiled by American Bureau of Shipping (ABS) at a forum for nuclear industry leaders held jointly with Idaho National Laboratory (INL).Held at ABS’ world headquarters in Texas…
Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) on Monday announced it has signed a new three-year contract with bp for field development, and inspection, maintenance and repair (IMR) work.The contract, which has options for two one-year extensions…
Fugro’s Board of Management has appointed Annabelle Vos as Group Director for the Middle East & India, effective January 1, 2025.Vos has been part of the Fugro family since 2016, when she joined as General Counsel and Chief Compliance Officer…
The Biden administration on Friday announced the creation of the Chumash Heritage National Marine Sanctuary along California's central coast, a victory for the Chumash tribe that pursued the designation for a decade.The newly formed sanctuary is part of U…
Brazil's Petrobras is set to reduce planned investments for next year, despite requests by the government for the state-run oil firm to increase CAPEX, three sources close to the matter told Reuters.The firm foresaw $21 billion of investments for next year…
Energy technology company Baker Hughes and oil and gas major Repsol have signed an agreement to collaboratively develop and deploy next-generation artificial intelligence (AI) tool to optimize processes and workflows for oil and gas production…
Brazil’s state-owned oil and gas company Petrobras has signed three remaining concession contracts, acquired in partnership with Shell and CNOOC, in Pelotas Basin offshore Brazil.The concessions were acquired as part of the fourth Permanent Concession Offer Cycle…
South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million).The improved offer of S$0…
Norwegian Electric Systems (NES) has secured a contract to develop and deliver the complete energy design, an integrated automation system and its future-oriented bridge system for a Field Support Vessel, being built by Green Yard Kleven for Romania’s OMV Petrom…
Oil and gas company Rockhopper Exploration has put in place insurance policy to cover the event that the Italian Republic succeeds in annulling Rockhopper Ombrina Mare arbitration award, while selling its remaining Italian assets to Zodiac Energy…